PRH corrects its LEI register: no measures required of LEI owners

The companies and entities whose LEI codes have been issued by the Finnish Patent and Registration Office (PRH) have filed the details of their direct and ultimate parent entities, or have indicated that they do not disclose parent entity details. Some LEI owners have given several reasons for not disclosing their parent entity details.

The PRH manages its LEI register by permission of and on conditions laid down by the Global Legal Entity Identifier Foundation (GLEIF), which governs the LEI system globally. According to the GLEIF rules, an LEI owner can only give one reason per direct parent entity and one reason per ultimate parent entity. This is why we are now correcting the LEI register by automatically deleting any extra reasons.

The correction does not require any measures of the LEI owners.

An LEI (Legal Entity Identifier) is a global organisational code which identifies companies and legal entities on the financial market. Read more about the LEI and parent entities.

Read more about the GLEIF.

Further information

Trade Register’s Advisory Service, tel. +358 29 509 5900, Mon - Fri 9.00 - 16.15

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Latest update 20.06.2018